Comprehensive CMA Sri Lanka Course Details: Syllabus, Fee, and Certification Requirements
The Certified Management Accountant (CMA) is a professional certification offered by the Institute of Management Accountants (IMA). It mainly covers financial planning, analysis, control, decision-making, and professional ethics in the business sector. The course is intended for people who want to work in business, finance, or management accounting.
This blog guide is crafted to provide a thorough overview of the CMA Sri Lanka Course details to educate and inform aspiring professionals. Here, we will go over everything you need to know about the CMA course, including what you’ll be learning, the cost, and the process that you need to go through. We are here to make things easier for you, whether you are interested in making a CMA career or simply want to know what certified public accountants perform. Together, let’s embark on this educational journey; this is where your journey to a fulfilling finance career begins!
CMA Syllabus and Major Subjects
The ICAI CMA course has three sections – CMA Foundation, CMA Intermediate, and CMA Final. The CMA Intermediate and CMA Final are separated into two groups each, whilst the CMA Foundation comprises four papers. The 20 papers that make up the CMA syllabus are broken down into three parts. Here are the complete CMA Sri Lanka Course details and syllabus breakdown :
- CMA Foundation: Fundamentals of Business Laws and Business Communication (FBLC), Fundamentals of Financial and Cost Accounting (FFCA), Fundamentals of Business Mathematics and Statistics (FBMS), and Fundamentals of Business Economics and Management (FBEM) are the four papers that make up the Foundation level.
- CMA Intermediate: Financial Accounting (FA), Laws and Ethics (LE), Direct Taxation (DT), Cost Accounting (CA), Operations Management and Strategic Management (OMSM), Financial Management (FM), Indirect Taxation (ITX), and Company Accounts and Audit (CAA) are the eight papers included in the Intermediate level.
- CMA Final: Corporate Laws and Compliance (CLC), Strategic Financial Management (SFM), Strategic Cost Management and Performance Evaluation (SCMPE), Corporate Financial Reporting (CFR), Indirect Tax Laws and Practice (ITLP), and Strategic Financial Management (SFM), Strategic Performance Management and Business Valuation (SPMBV), Risk Management in Banking and Insurance (RMBI), and International Taxation (IT) are the eight papers included in the Final level.
Understanding the CMA Sri Lanka course details, including the education requirements, is crucial before starting this journey. Let’s check the criteria.
CMA Eligibility Criteria
Professionals can learn the craft of financial management and strategic decision-making through the CMA (Certified Management Accountant) program. The three sections of the CMA course, each with specific requirements, ensure that applicants are ready for the difficulties and intricacies of the curriculum.
- Foundation: High school diploma or equivalent international education.
- Intermediate: Completion of the Foundation level or an undergraduate degree in any field from an accredited institution.
- Final: Successful completion of the Foundation and Intermediate levels
How to Gain the CMA Certification
Here is the step-wise process for pursuing the CMA course in Sri Lanka and obtaining the certification:
- Step 1: Make sure you fulfill the education requirement (Bachelor’s degree from a recognized university or college and current IMA membership).
- Step 2: Complete the CMA’s two levels
- Step 3: Complete two years of financial management or management accounting experience. After completing the exam, this prerequisite might be finished before or within seven years.
- Step 4: Apply for your CMA certification
- Step 5 – Adhere to ethical standards.
CMA Course Fees
| Fee Type | Student/Academic Members Fees | Professional Members Fees |
| IMA Membership Fee | ≃ $49 / 4,148 INR | ≃ $295 / 24,977 INR |
| Entrance Fee | $225 / 19,051 INR | $300 / 25,401 INR |
| Exam Fee (per part) | $370 / 31,328 INR | $495 / 41,912 INR |
Now, you understand the complete CMA Sri Lanka course details, including cost, duration, and syllabus. Now it’s time to take action. Take the steps forward now to change your profession and unlock your future with Mirchawala’s CMA course! Contact us now to know more about the course.
